Planet Fitness opened 48 new franchise stores in the fourth quarter, bringing its total store count to 1,171 as of March 31, 2016. The company also experienced a 6.8% increase in systemwide same-store sales. Together, that helped drive an 8.3% year-over-year increase in total revenue to $83.3 million.
Planet Fitness reiterated its 2016
guidance for between 210 and 220 new franchised store openings, and
systemwide same-store sales growth in the mid-single digit range. . . . more